Asian Stocks Decline as Investors Await Chinese Manufacturing Data

TODAY: Aug. 3, 2015 PUB DATE: Aug. 3, 2015

Asia shares dropped Monday amid jitters about upcoming Chinese manufacturing data and the continued declines in commodity prices. The Shanghai Composite opened 1.3% lower at 3614.99, while the smaller Shenzhen Composite traded down 1.5% at 2079.13. The small-cap ChiNext board ...

Asian Stocks Decline as Investors Await Chinese Manufacturing Data

TODAY: Aug. 3, 2015 PUB DATE: Aug. 3, 2015

By Chao Deng Asia shares dropped Monday amid jitters about upcoming Chinese manufacturing data and the continued declines in commodity prices. The Nikkei Stock Average was down 0.3%, Australia's S&P; ASX 200 lost 0.2% and South Korea's Kospi was down ...

Oil Prices Drop to Four-Month Low on Supply Glut Concerns

TODAY: Aug. 3, 2015 PUB DATE: Aug. 3, 2015

By Biman Mukherji HONG KONG--Oil prices slid to fresh four-month lows Monday as a rise in the number of U.S. oil rigs fueled supply glut concerns even as weak China manufacturing activity weighed on the demand outlook. The oil-rig count ...

Indonesia July Inflation Steady at 7.26%

TODAY: Aug. 3, 2015 PUB DATE: Aug. 3, 2015

By I Made Sentana JAKARTA--Indonesia's July inflation was steady at 7.26% year-over-year, as prices of basic food transportation rose from the previous month due to the Muslim festivities, the official statistics agency said Monday. Prices rose 0.93% from the previous ...

BMW, Daimler, Audi to Buy Nokia's Maps Business

TODAY: Aug. 3, 2015 PUB DATE: Aug. 3, 2015

BMW AG, Audi AG and Daimler AG said they have agreed with Nokia Corp. to buy the Finnish company's digital maps business Here. The deal for Here has an enterprise value of 2.8 billion euros ($3.1 billion), Nokia said Monday ...

Canada's Leader Triggers Start of Election Campaign

TODAY: Aug. 3, 2015 PUB DATE: Aug. 3, 2015

OTTAWA?Canadian Prime Minister Stephen Harper ordered the country's Parliament to be dissolved, kicking off an extended election campaign in which the Conservative leader will vie for a fourth term amid a deteriorating economy. The move, announced Sunday, doesn't alter the ...

Shire Gains New Pinkeye Treatment With Deal For Eye-Drug Firm

TODAY: Aug. 3, 2015 PUB DATE: Aug. 3, 2015

(FROM THE WALL STREET JOURNAL 8/3/15) By Jonathan D. Rockoff Shire PLC has agreed to buy a privately held eye-drug company for $300 million in a deal that would add another promising ophthalmology treatment to a new line of business. ...

Sydney House Prices Gain by Fastest in Over a Decade

TODAY: Aug. 3, 2015 PUB DATE: Aug. 3, 2015

By James Glynn SYDNEY--Sydney house prices grew at their fastest annual pace in nearly 13 years in July, highlighting the huge task ahead for Australia's bank regulator to rein in the boom that threatens to destabilize the country's already-fragile economy ...

Brokerage China Merchants Securities Seeks Hong Kong IPO

TODAY: Aug. 3, 2015 PUB DATE: Aug. 3, 2015

HONG KONG?China Merchants Securities Co. plans to submit an application to Hong Kong's stock exchange seeking approval for a multibillion-dollar Hong Kong initial public offering in the coming weeks, two people with direct knowledge of the deal said. The Shanghai-listed ...

Imports of Digital Goods Face Test

TODAY: Aug. 3, 2015 PUB DATE: Aug. 3, 2015

By Brent Kendall The clash over protecting a free-flowing Internet while also fighting online piracy has shifted to an unlikely and largely unknown setting: a legal battle about teeth-alignment devices at a federal trade body. A U.S. appeals court this ...

Noble to Post Results Sooner

TODAY: Aug. 3, 2015 PUB DATE: Aug. 3, 2015

Commodities trader Noble Group Ltd. sought to allay investor fears about its financial health and said early Monday it would bring forward the date of its second-quarter results after its share price plunged by as much as 28% last week. ...

Indonesia Nikkei PMI at 47.3 in July Vs 47.8 in June

TODAY: Aug. 3, 2015 PUB DATE: Aug. 3, 2015

By I Made Sentana JAKARTA--The Nikkei Indonesia Manufacturing Purchasing Managers' Index slid to 47.3 in July from 47.8 in June, showing a further deterioration in the country's manufacturing business conditions. The reading had been released as the HSBC Indonesia Manufacturing ...

China Caixin Manufacturing PMI Falls to Two-Year Low in July

TODAY: Aug. 3, 2015 PUB DATE: Aug. 3, 2015

BEIJING--The Caixin China manufacturing purchasing managers' index, a gauge of nationwide manufacturing activity, fell to a two-year low of 47.8 in July, compared with 49.4 in June, Caixin Media Co. and research firm Markit said Monday. A reading below 50 ...

India's Manufacturing Activity at Six-Month High in July -- Markit

TODAY: Aug. 3, 2015 PUB DATE: Aug. 3, 2015

By Anant Vijay Kala NEW DELHI--A gauge of manufacturing activity in India rose to its highest level in six months in July thanks to stronger growth in export orders, although manufacturers cut jobs, indicating businesses are unsure if the momentum ...

China Manufacturing Gauge Hits Two-Year Low

TODAY: Aug. 3, 2015 PUB DATE: Aug. 3, 2015

BEIJING?China got another dose of bad news about its already-weak manufacturing sector on Monday, as a final measure of factory activity in July slumped to a two-year low. The Caixin China manufacturing purchasing managers index, a gauge of nationwide manufacturing ...

Asia Stocks Decline as Chinese Manufacturing Data Weakens

TODAY: Aug. 3, 2015 PUB DATE: Aug. 3, 2015

By Chao Deng Asia shares dropped Monday amid jitters about weakening Chinese manufacturing data and the continued declines in commodity prices. The Shanghai Composite slipped 2%, while the smaller Shenzhen Composite traded down 1.8%. The small-cap ChiNext board declined 3.3%. ...

Asian Stocks Decline as Investors Await Chinese Manufacturing Data

TODAY: Aug. 3, 2015 PUB DATE: Aug. 3, 2015

By Chao Deng Asia shares dropped Monday amid jitters about upcoming Chinese manufacturing data and the continued declines in commodity prices. The Shanghai Composite opened 1.3% lower at 3614.99, while the smaller Shenzhen Composite traded down 1.5% at 2079.13. The ...

Malaysia Manufacturing PMI Edges Up to 47.7 in July

TODAY: Aug. 3, 2015 PUB DATE: Aug. 3, 2015

By Jason Ng KUALA LUMPUR, Malaysia--Malaysian manufacturing activity contracted in July as new orders fell sharply, leading to further decline in both production and employment, according to a private survey by Nikkei and research firm Markit. The Nikkei manufacturing purchasing ...